If a mortgage includes an optional escrow account, the payment is actually divided into four parts abbreviated PITI, which is Principal, Interest, Transaction Fees, and Incidentals.?
Answer the following statement true (T) or false (F)
False
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Assume the current ratio is 2 to 1 . Payment on accrued salaries payable would cause the current ratio to
a. increase b. decrease c. be unchanged since the effects offset one another d. be unchanged since it has no impact on any current accounts
Workers' compensation provides comprehensive health insurance coverage
Indicate whether the statement is true or false.
Which sequence of stages is typical for product flow in a supply chain?
A) Supplier ? Manufacturer ? Distributor B) Retailer ? Distributor ? Customer C) Manufacturer ? Retailer ? Distributor D) Supplier ? Customer ? Retailer
Suppose 10-year T-bonds have a yield of 5.30% and 10-year corporate bonds yield 6.65%. Also, corporate bonds have a 0.25% liquidity premium versus a zero liquidity premium for T-bonds, and the maturity risk premium on both Treasury and corporate 10-year bonds is 1.15%. What is the default risk premium on corporate bonds?
A. 1.22% B. 1.10% C. 1.34% D. 0.86% E. 1.20%